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Facebook CEO and co-founder Mark Zuckerberg may find himself in hot water with federal regulators.
The Federal Trade Commission is looking into how to hold Zuckerberg accountable for Facebook's privacy mishaps, The Washington Post reported, citing two people familiar with the matter. That includes examining Zuckerberg's past remarks about privacy.
FTC - Facebook - Year - Revelations - UK
The FTC started investigating Facebook last year after revelations surfaced that UK political consultancy Cambridge Analytica harvested the data of up to 87 million Facebook users without their permission. The agency is focusing on whether the social network violated a legal agreement with the US government to keep Facebook users' data private.
The investigation is ongoing, but Facebook could also face a fine that's larger than the record-setting $22.5 million the FTC imposed on Google in 2012.
Resolution - Facebook - Spokesperson - Statement - FTC
"We hope to reach an appropriate and fair resolution," a Facebook spokesperson said in a statement. The FTC declined to comment.
Since the Cambridge Analytica scandal, Facebook's privacy and security issues have continued to pile up. This week, the...
(Excerpt) Read more at: CNET
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